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489 CASTANO Street
About This Property
Now strategically priced based on recent comparable sales in St. Augustine Shores, this fully renovated concrete block home offers exceptional coastal value just a block from the Intracoastal and minutes from Crescent Beach.
3 Bed | 2 Bath | 1,447 Sq Ft | Spacious Corner Lot
Updated in 2025, this move-in-ready home features major system upgrades including electrical, plumbing, HVAC, flooring, kitchen appliances, bathrooms, and fresh interior and exterior paint. Solid concrete block construction paired with a 2019 roof provides lasting peace of mind.
Enjoy a screened-in porch overlooking a fully fenced yard with mature oak trees--ideal for relaxing or entertaining. Conveniently located just 5 minutes from Crescent Beach and 15 minutes from historic downtown St. Augustine. Low HOA of just $34/month..
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About St. Augustine Shores
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Currently no similar homes aroundNearby Rentals
$1,750 /mo
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$4,800 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017